Common use of Rights of Requesting Holders Clause in Contracts

Rights of Requesting Holders. If any registration statement refers to any Requesting Holder by name or otherwise as the holder of any securities of the Company, such holder shall have the right to require (a) the insertion therein of language, in form and substance reasonably satisfactory to such holder, to the effect that, if true, the holding by such holder of such securities does not necessarily make such holder a "controlling person" of the Company within the meaning of the Securities Act or (b) in the event that such reference to such holder by name or otherwise is not required by the Securities Act or any rules and regulations promulgated thereunder, the deletion of the reference to such holder.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Culmen Technology Partners Lp), Registration Rights Agreement (Arinco Computer Systems Inc), Registration Rights Agreement (E Sync Networks Inc)

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Rights of Requesting Holders. If any registration statement refers to ---------------------------- any Requesting Holder by name or otherwise as the holder of any securities of the Company, such holder shall have the right to require (a) the insertion therein of language, in form and substance reasonably satisfactory to such holder, to the effect that, if true, the holding by such holder of such securities does not necessarily make such holder a "controlling person" of the Company within the meaning of the Securities Act or (b) in the event that such reference to such holder by name or otherwise is not required by the Securities Act or any rules and regulations promulgated thereunder, the deletion of the reference to such holder.

Appears in 1 contract

Samples: Escrow Agreement (Wiltek Inc)

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